Greentree, Madison, WI—53719
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greentree, Madison, WI
As of Oct '25, the median home price in Greentree, Madison, WI is $423,000, with a year-over-year change of 2.1%. This indicates that home prices in Greentree, Madison, WI are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $423,000 | 2.1% |
| Single Family | $470,000 | 1.7% |
| Condos | $270,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $192,000 | 2.7% |
2 Bed | $297,000 | 1.4% |
3 Bed | $441,000 | 1.8% |
4 Bed | $527,000 | 1.5% |
| 5 Bed | $624,000 | 1.6% |
% of Housing Stock
Rental Trends — Greentree, Madison, WI
As of July '25, Rentcast reports the average rent in Greentree, Madison, WI is $1,720, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Greentree, Madison, WI is studios: $1,250, 1-bedrooms: $1,340, 2-bedrooms: $1,740, 3-bedrooms: $2,300, 4-bedrooms: $2,450. The most common rental property sizes in Greentree, Madison, WI are 2-bedroom and 1-bedroom, accounting for 42.5% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,720 |
| Studio Rent | $1,240 | $1,250 |
| 1 Bed Rent | $1,360 | $1,340 |
| 2 Bed Rent | $1,720 | $1,740 |
| 3 Bed Rent | $2,400 | $2,300 |
| 4 Bed Rent | $2,300 | $2,450 |
% of Rental Stock
Property Listings — Greentree, Madison, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Greentree, Madison, WI is 59. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $328,000 | -13.0% |
Listing Count | 106 | 52.0% |
| Listings as % of Homes | 0.1% | 52.0% |
Days on Market | 59 | 28.0% |
Demographics — Greentree, Madison, WI
As of the latest ACS Survey released in 2023, Greentree, Madison, WI has a population of 33,700, which has increased by 8.2% over the past 5 years. Greentree, Madison, WI is a moderately popular place for families, as children make up 22.0% of the population. The area has a highly educated workforce, with 61.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,700 | 8.2% |
% Under 18 | 22.0% | 2.3% |
% Seniors | 11.8% | 43.9% |
% WFH | 17.2% | 300.0% |
% w/ College Degree | 61.3% | 1.3% |
As of the latest ACS Survey released in 2023, Greentree, Madison, WI is a predominantly white area, with 66.6% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Greentree, Madison, WI is hispanic, making up 11.7% of the population. Foreign-born residents account for 13.3% of the population in Greentree, Madison, WI, and this percentage has increased by 3.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.6% | -8.8% |
% Black | 6.3% | -13.7% |
% Hispanic | 11.7% | 58.1% |
% Asian | 9.1% | -2.2% |
% Foreign Born | 13.3% | 3.9% |
Mortgage and Risk — Greentree, Madison, WI
According to HUD data as of 2023, there were 663 mortgage originations in Greentree, Madison, WI, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Greentree, Madison, WI. Investor activity is low, as 1.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 663 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Greentree, Madison, WI
As of 2024, the percent of homes in Greentree, Madison, WI under the Section 8 program is 2.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Greentree, Madison, WI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 220 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,360 | $1,440 |
| 2 Bedroom | -$70 | $1,720 | $1,650 |
| 3 Bedroom | -$230 | $2,400 | $2,170 |
| 4 Bedroom | $120 | $2,300 | $2,420 |
Affordability — Greentree, Madison, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $423,000 |
| Median Household Income | $92,200 |